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2046 E Lake Blvd, Birmingham, AL 35217

3 beds • 2 baths • 1608 sqft

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This property might be a fair Airbnb investment with a projected 7.39% first-year return on $48,534 initial cash invested.

7.39%

Cash On Cash

9.85%

Cap Rate

1.49

DSCR

$2,324

Rent

$299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $2,025 expenses = $299 cash flow

Income$2,324Mortgage P&I$80134%Property Taxes$562%Insurance$522%Management$34915%CapEx$934%Maintenance$934%Other$58125%Cash Flow$299

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,534

Downpayment

20%

$29,080

Closing costs

1%

$1,454

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$2,025

Mortgage P&I

34%

$801

Property Taxes

2%

$56

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

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